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Decorative Paints – Overview

  • Revenue up 4 percent versus last year driven by favorable price/mix
  • Weaker volume development in most regions
  • EBITDA 16 percent behind last year, reflecting lower volumes and higher costs
  • Restructuring underway in Europe and North America

The Decorative Paints business achieved a revenue increase of 4 percent in the first quarter, primarily driven by margin management in weak markets. Lower volumes impacted EBITDA, particularly in North America which benefited last year from a one-time positive customer load-in. Restructuring and cost reduction actions are underway in Europe and North America to offset weaker demand.

Revenue development Q1 2012

Decorative Paints – Revenue development Q1 2012 (bar chart)
Decorative Paints – Brands (logos)
Copyright © 2012 Akzo Nobel N.V.